After leaving the Cangqiong Capital Trading Room, Lin Haocang stayed in his office and observed the trend charts of various currencies in the foreign exchange market.

After looking at the Canadian dollar, euro, Swiss franc, Australian dollar, and New Zealand dollar currencies, he found some good opportunities. At this time, he focused on the trend chart of pound/dollar again.

Yesterday he shorted GBP/USD and made 70 million US dollars. Today he still plans to short GBP/USD!

Now the pound/USD is fluctuating near the 1.6360 position!

The Asian market this morning was not very fluctuating, and it has been in the range of 1.6340 to points!

Lin Haocang didn't wait for the pound/USD to rise again to 1.6380, and now he has started to build positions and short selling!

5,000 lots at a time, and 10 positions are built!

A total of 50,000 shorted, with an average position building position of 1.6350, and a fluctuation point is the profit and loss of 500,000 US dollars.

It is noon now and the trading volume is not active, so Lin Haocang's position building has caused the pound/USD to fall by 20 points, and it is currently down to 1.6340. Lin Haocang's account has a floating profit of US$5 million.

At this time, the secretary brought lunch, which was ordered from a French restaurant, grilled steak, fried foie gras, beef gras, and of course a bottle of red wine.

Lin Haocang slowly enjoyed lunch.

After lunch, Lin Haocang found that the pound/dollar fell by 40 points and fell to 1.6300!

In the 15-minute trend chart, the K-line fell to the 60 moving average, and there is strong support here, and the pound/USD will not fall for a while.

Lin Haocang's account has 50 points, totaling US$25 million.

It's so comfortable to make $25 million with lunch.

“Gourmet, wine, tsk, it’s really cool!”

Lin Haocang stretched out and drank a lot of red wine before, and was slightly drunk, so he closed the office door and started taking a nap.

At this moment, Greenwood Asset Management, a man in a suit and ties, a square face, and a very masculine look at the trend chart of the pound/dollar!

He is Huang Chengkang, president of Greenwood Asset Management!

At this moment, their account holds a long position of 800,000 pounds/USD, with an average position building position of 1.6100, and a fluctuation point is a profit and loss of 8 million US dollars!

Last week, Huang Chengkang started buying at the bottom and going long GBP/USD near the 1.6000 position, and then last week, the GBP/USD rose for 5 consecutive days, causing their account to make a lot of profits. The highest profit was 2.5 billion US dollars. However, after the beginning of this week, the GBP/USD declined and fell to its current 1.6300 position!

Although the pound/USD is now supported at 1.6300, the market is very weak now and may fall below 1.6300 at any time!

Huang Chengkang feels that sooner or later, the pound/dollar will fall below this position. It is better to push it down directly, so that they can close their positions in their accounts!

So Huang Chengkang ordered: "Fix 400,000 hands first!"

"Close the position slowly!"

There are now 200 points in the account, with a total floating profit of US$1.6 billion. Huang Chengkang has already planned to retreat, and he doesn’t know how much the profit of US$1.6 billion will shrink after closing the position!

"Yes, President!" Everyone began to execute Huang Chengkang's orders.

After their closing position, the GBP/USD immediately fell below the 1.6300 position!

Because they closed long orders and shorted them in the market, the pound/USD quickly fell sharply!

After 5 minutes, the GBP/USD fell to 1.6280!

After 15 minutes, the pound/USD fell to 1.6260!

After 30 minutes, the pound/USD fell to 1.6240!

One hour later, the GBP/USD fell to 1.6200!

·····

Although they close their positions very full, they waited for the pound/USD to close their positions every time when the pound/USD rose slightly, but the pound/USD still fell by 100 points!

400,000 hands fell by 100 points, and this market is too fragile!

But now it's just a European market, so the trading volume is understandable!

Huang Chengkang immediately ordered: "Stop closing the position for the time being!"

"Waiting for the UK's economic data to come out!"

Next, the UK will release two economic data. If the economic data is good, the pound/dollar will definitely rise sharply. At that time, they will close their positions at a high level and let these buyers hedge against them!

"Yes, President!" The traders were nervous when they saw so much profit loss in their accounts!

It is not easy for large funds to appear. If no other large funds hedge against them, their closing will lead to a sharp drop in the pound/USD!

···

At this moment, Lin Haocang had been sleeping for 2:30 in the chairman's office. At this moment, he opened his eyes, got up, stretched his body, and came to the trader. He opened the pound/dollar trend chart and saw it. He was shocked.

During the period when he was sleeping, the pound/dollar fell below the support position of 1.6300, and fell 100 times directly!

Now it is fluctuating at the 1.6200 position. This is the support position of the 10 moving average in the daily chart, and the support force is very strong!

Lin Haocang couldn't help but pull the wrench's fingers and made a crackling sound.

After a nap, another $50 million in profit was added to the account!

Now his account has 150 floating profits, with a total floating profit of US$75 million.

Although he is still a small-scale fight, the money still comes so quickly!

It's already four o'clock now, Lin Haocang's fingers gently tapped the tabletop!

The UK will release an important economic data later!

I'm so excited to think about it!

··

Time passed slowly. Half an hour later, the pound/dollar suddenly rebounded and rose by 50 points, reaching the 1.6250 position!

The trading volume in the market is also increasing, and it is getting closer to the time when economic data is released, and the battle between bulls and bears is getting more intense!

··

Ten minutes later, the UK also released an important economic data!

UK December cpi monthly rate

Previous value: 0.6%

Expected value: 0.3%

Published value: 0.2%

This data is terrible!

If you are negative, the pound/USD will fall immediately!

It fell by 110 points in 15 minutes, from 1.6250 to 1.6160!

The market is full of selling orders!

Lin Haocang was quick-witted and immediately started closing his position, and quickly closed the short order of 50,000 pounds/USD in his account!

The average closing position was 1.6150, and it won 200 points, with a total of US$100 million!

The net value of the account is as high as US$700 million!

After thinking about it, Lin Haocang chose to withdraw $100 million, leaving a net worth of $600 million. Now he cannot predict the weekly trend chart. It is useless to have too much funds in his account. Moreover, he has to refresh the housing prices in Jiangdao, breaking Liu Luan’s record of 750,000 per square meter first!

Soon the 100 million US dollars he withdraws were deposited, and 778 million was recorded in his bank card, plus the original 150 million, totaling 928 million!

So Lin Haocang transferred 28 million to Luo Xueqiong's bank card and gave a good number of 900 million.

··

At this moment, Huang Chengkang shouted: "Continue to close the position!"

"Yes, President!" Everyone quickly closed their positions!

This caused the GBP/USD to fall by 50 points again, falling to 1.6100!

This time, all the 800,000 long positions in their account were closed, with an average closing position of 1.6200, with a total of 100 points, earning 800 million US dollars, and the net value of the account was as high as US$4.8 billion!

Huang Chengkang was very sorry this time, and he didn't expect to lose so much profit!

If he closed his position yesterday, he would be able to make at least 2 billion!
Chapter completed!